Indianapolis's 800-room Signia by Hilton is city-owned and bond-financed, so it pays no property tax. What that means for the downtown commercial tax base.
How to beat an inflated 2026 Indiana commercial assessment using value = NOI / cap rate, the lowest-value rule, and rent-roll evidence the PTABOA respects.
Indianapolis Mile Square office AV has fallen for four straight years. 2026 looks like the bottom: assessor cuts on Class B and Class C buildings continue, while Class A and trophy assets stabilize. The downtown commercial story by sub-type.
Marion County added $5.5B in assessed value across 12,000 commercial and industrial parcels for 2026 — average +27%, median +18%. Appeal deadline June 15. Here's what to do.